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The Bergeron Book Company's accounting records include the following for 2018 (in thousands) Click the icon to view the accounting records.) Read the regulirements Requirement
The Bergeron Book Company's accounting records include the following for 2018 (in thousands) Click the icon to view the accounting records.) Read the regulirements Requirement 1. Prepare Bergeron Book Company's single-step income statement for the year ended December 31, 2016, including earings per share (EPS) Bergeron had 1,000,000 shares of common stock and no preferred stock outstanding during the year. (Round earnings per share amounts to the nearest cent.) Bergeron Book Company Income Statement Year Ended December 31, 2018 (in thousands excopi per share amounts) Earnings per share (EPS) Choose from any list or enter any number in the input fields and then click Check Answer X Reqquirements 1. Prepare Bergeron Book Company's single-step income statement for the year ended December 31, 2018, including earnings per share (EPS). Bergeron had 1,000,000 shares of common stock and no preferred stock outstanding during the year. 2. Assume Bergeron Book Company's income from operations indicates that its core business has steadily increasing by about 10% per year over the past three years and that none of its operations have been discontinued. What does this say about the quality of the company's earnings? Print Done i Data Table Other revenues. $ 1,800 . Income tax expense 8,070 Sales revenue.. 127,000 Total operating expenses... 101,900 Print Done
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